$675,000
SOLD AUG 28, 2025

316 Ocean Ave Wells, ME 04090

1 Bed
1 Bath
576 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$1,172 Per Sq Ft

15% Below List Price

52 Days on Market

Highlights

  • Public Beach
  • Deck
  • Vaulted Ceiling
  • Wells Junior High School Rated A-
  • Property is near public transit
  • Wood Flooring

About This Home

As of August 2025

Moody Beach - Steps to the public way access to Moody Beach. Cottage is seasonal presently but offers many options for a home of your dreams. Choice is yours to renovate retaining the quaint characteristics of the summer cottage or use the land to build a multi level home which would offer you ocean views. Cottage consists of a bedroom, kitchen and living room on the first floor with a loft bedroom on the upper level. Come enjoy the peace and quiet of Moody Beach, all within walking distance to Ogunquit Village.

Last Agent to Sell the Property

Luke Guerrette

Garnsey Bros. Real Estate Listed on: 05/27/2025

Last Buyer's Agent

Rick Cosseboom

Anchor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,191

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Public Beach
  • Seasonal Access to Property
  • Level Lot
  • Open Lot
  • Property is zoned RB

Home Design

  • Cottage
  • Camp Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 576 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Storm Doors
  • Attic

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number WLLS-000109-000000-000120

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,191

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 Wells South take left onto Furbish Road, follow to Ocean Avenue and take right. Property on right 316 Ocean Ave.
  • Above Grade Finished Sq Ft: 576.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1206.6
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 576.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Style:Camp: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Heat System:Space Heater: Yes
  • Exterior:Asbestos: Yes
  • Location:Near Railroad: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Basement Entry:Exterior Only: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Moody Beach - Steps to the public way access to Moody Beach. Cottage is seasonal presently but offers many options for a home of your dreams. Choice is yours to renovate retaining the quaint characteristics of the summer cottage or use the land to build a multi level home which would offer you ocean views. Cottage consists of a bedroom, kitchen and living room on the first floor with a loft bedroom on the upper level. Come enjoy the peace and quiet of Moody Beach, all within walking distance to Ogunquit Village.
  • Door Features Storm Doors: Yes
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Refrigerator, Electric Range
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Dirt Floor, Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, One-Floor Living
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
  • Waterfront: No
  • Construction Type: Composition, Asbestos, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: WLLS-000109-000000-000120
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 6190.9
  • Tax Lot: 120
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Aug 28, 2025
Sold by
George R Lohmiller Jr Ret and Lohmiller
Bought by
316 Ocean Avenue Llc
Seller's Agent
Luke Guerrette
Garnsey Bros. Real Estate
Buyer's Agent
Rick Cosseboom
Anchor Real Estate
List Price
$790,000
Sold Price
$675,000
Premium/Discount to List
-$115,000
-14.56%
Views
77
Current Estimated Value
$736,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,000
Avg. Annual Appreciation
28.98%
Original Mortgage
$1,425,000
Outstanding Balance
$1,422,539
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$686,539

Purchase Details

Closed on
Feb 23, 2017
Sold by
Lohmiller George R
Bought by
George R Lohmiller Jr Ret and Lohmiller

Purchase Details

Closed on
Feb 27, 2006
Sold by
Mcleod Barbara J and Avery Dorothy H
Bought by
Lohmiller Rebecca L and Lohmiller George R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $675,000 --
Warranty Deed $675,000 --
Warranty Deed $675,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,425,000 New Conventional
Closed $1,425,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2025 08/28/25 Sold $675,000 -2.9% $1,172 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
07/05/2025 07/05/25 Price Changed $695,000 -12.0% $1,207 / Sq Ft
05/27/2025 05/27/25 For Sale $790,000 -- $1,372 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,191 $1,018,240 $958,650 $59,590
2023 $6,069 $1,018,240 $958,650 $59,590
2022 $5,277 $504,520 $445,100 $59,420
2021 $5,308 $504,520 $445,100 $59,420
2020 $5,031 $480,080 $445,100 $34,980
2019 $5,002 $480,080 $445,100 $34,980
2018 $4,946 $479,240 $445,100 $34,140
2017 $4,869 $479,240 $445,100 $34,140
2016 $4,821 $479,240 $445,100 $34,140
2015 $4,768 $479,240 $445,100 $34,140
2013 $4,371 $479,240 $445,100 $34,140
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1624105

Maine Listings

APN: WLLS-000109-000000-000120